At a Glance
- Tasks: Lead a compliance team ensuring AML operations and legal adherence.
- Company: Join a top international law firm making a global impact.
- Benefits: Enjoy hybrid work, competitive salary, and professional development opportunities.
- Why this job: Be part of a dynamic team driving innovation in compliance and financial security.
- Qualifications: Degree required; law degree preferred with AML regulatory knowledge.
- Other info: Opportunity for growth in a fast-paced, supportive environment.
The predicted salary is between 80000 - 120000 £ per year.
The successful applicant will supervise and manage a compliance team responsible for AML (Anti-Money Laundering) activities, ensuring efficient operations, adherence to legal standards and continuous improvement. A top international law firm is looking to hire an AML Compliance Manager supporting and reporting directly to the Director of AML Compliance and Chief Compliance Officer.
Key Responsibilities
- Team Management: Lead and oversee day-to-day operations of the team. Support recruitment, performance reviews and manage performance-related issues. Ensure the team's skills remain current through training and development initiatives.
- AML Compliance Expertise: Analyse financial crime risks, including AML and sanctions, during client and matter acceptance processes. Guide the team on due diligence checks and risk assessments following regulations and policies. Address escalations, ensuring informed decisions on approvals or rejections. Update and adjust internal policies based on regulatory changes.
- Regulatory and Audit Support: Conduct quality assurance reviews to ensure compliance with systems and procedures. Assist with regulatory submissions, internal audits and external audit processes. Provide support in drafting suspicious activity reports.
- Projects and Strategy: Contribute to strategic initiatives and continuous software development for AML compliance. Foster collaboration and communication across teams and departments. Promote a culture of change management and innovation.
Qualifications & Experience:
- Educated to degree level, Law degree preferable and LPC desirable.
- Good working knowledge of all relevant legal and regulatory obligations (including Money Laundering Regulations, POCA, SAMLA, SRA Handbook, EU Money Laundering Directives, DFSA and ADGM rulebooks).
- Experience in a law firm.
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AML Compliance Manager | London, UK | Hybrid employer: Taylor Root
Contact Detail:
Taylor Root Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land AML Compliance Manager | London, UK | Hybrid
✨Tip Number 1
Familiarise yourself with the latest AML regulations and compliance standards. Being well-versed in the legal framework will not only boost your confidence during interviews but also demonstrate your commitment to staying updated in this ever-evolving field.
✨Tip Number 2
Network with professionals in the AML compliance sector, especially those working in law firms. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in AML compliance.
✨Tip Number 3
Prepare to discuss specific examples of how you've managed compliance teams or projects in the past. Highlighting your leadership skills and experience in handling regulatory challenges will set you apart from other candidates.
✨Tip Number 4
Research the firm’s culture and values, particularly their approach to compliance and risk management. Tailoring your conversation to align with their ethos can make a significant impact during interviews and show that you're a great fit for their team.
We think you need these skills to ace AML Compliance Manager | London, UK | Hybrid
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in AML compliance and team management. Use specific examples that demonstrate your expertise in financial crime risk analysis and regulatory knowledge.
Craft a Compelling Cover Letter: Write a cover letter that clearly outlines your motivation for applying to this role. Emphasise your understanding of AML regulations and how your previous experience aligns with the responsibilities of the position.
Highlight Relevant Qualifications: In your application, be sure to mention your educational background, especially if you have a law degree or LPC. This is particularly important as the job description specifies these qualifications.
Showcase Leadership Skills: Since the role involves managing a compliance team, include examples of your leadership experience. Discuss how you've successfully led teams, managed performance issues, and facilitated training and development initiatives.
How to prepare for a job interview at Taylor Root
✨Showcase Your AML Knowledge
Make sure to brush up on your understanding of AML regulations and compliance frameworks. Be prepared to discuss specific laws like the Money Laundering Regulations and how they apply to the role.
✨Demonstrate Leadership Skills
As this position involves managing a team, be ready to share examples of your leadership experience. Discuss how you've successfully led teams, handled performance issues, and facilitated training initiatives.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think about past experiences where you had to make tough decisions regarding compliance and how you navigated those situations.
✨Highlight Your Collaborative Spirit
This role requires collaboration across various departments. Be prepared to talk about how you've worked with other teams in the past to achieve compliance goals and foster a culture of change management.